What are the requirements to be an attorney in fact?
To become an attorney-in-fact, you need to be legally capable of making decisions and you must be appointed by someone through a power of attorney document. There are no specific educational or professional requirements to become an attorney-in-fact, but it's important to act in the best interests of the person who appointed you.
Are the children of their deceased father entitled to monies from his second deceased wife?
No. Generally, heirs-at-law must be related by blood or by legal adoption. Your father's second wife is not related to his children by his first wife.
If the children were legally adopted by the second wife then the answer is maybe, depending on the laws of intestacy and whether she had a will leaving her property to someone else. You can check the laws of intestacy for your state at the related question link below.
If a case is dismissed in California can the respondent sue for attorney fees?
You need to consult with the attorney who represented you in the matter. She/he knows what type of case you are referring to, whether attorney's fees are allowed under state laws and the likelihood of your prevailing in a case for attorney's fees.
FWhat is excutor of will mean?
The executor is responsible for making sure all assets in the will are accounted for, along with transferring these assets to the correct party (parties). Assets can include financial holdings, such as stocks, bonds, or money market investments; real estate; direct investments; or even collectibles like art. The executor has to estimate the value of the estate by using either the date of death value or the alternative valuation date, as provided in the Internal Revenue Code (IRC)
The executor also needs to ensure that all the debts of the deceased are paid off, including any taxes. The executor is legally obligated to meet the wishes of the deceased and act in the interest of the deceased.
The privileges of the first and second estate?
The first and second estates had political power and authority, did not have to pay taxes, collected tolls from peasants using their mills etc. and did not have to serve in the military.
What can we do if we don't trust executor to my grandmothers will?
An executor is not the executor until appointed by the probate court. Go to the probate court and request the file. You can read the will and monitor what the executor has done. She must file an inventory with the court and will need to file an account when the estate is closing to show the court where all the assets went. She must follow the provisions of the will. If she is not performing her duties properly and with expediency you can request she be replaced with a new executor.
Can grandson sue grandfather estate?
In the United States, anyone can sue anyone. Sometimes the suit has no basis and no lawyer will touch it with a 10 foot pole and it is ruled frivolous and the person bringing the lawsuit loses both his filing fee and his shirt, but, yes, it can be done. Since you use the term estate, you might mean your grandfather just died. You might mean he has a will that is in probate. In that case, you might be better off entering a claim against the estate in probate court. That must be done immediately if not sooner. If you do not understand what is going on, you might see a probate lawyer.
How can one be disinherited legally?
Laws vary from state to state. In most a person can be mentioned in a will with the comment that the person is legally disinherited.
Some states will not allow you to do this for a spouse or a minor child and have provisions to take care of them even if your will says otherwise.
Another way is to transfer all of one's real property reserving a life estate and listing the persons you choose to have your property as remaindermen. Upon your death the fee will be owned free and clear of the life estate by the remaindermen.
There is also a living trust
What kind of document do you execute to say a trust is revoked?
You must follow the provisions in the trust document for termination of the trust. If the trust was recorded in the land records a termination should be recorded AFTER the real property is properly transferred from the trust by the trustee according to the provisions of the trust.
No. If your mother has a life estate, she has the right to the use and possession of the property. If you are actually dwelling on the property, your mother is not and is causing a problem, you should consult with an attorney who can review your situation and explain your options.
How do you establish an irrevocable trust with a life estate?
Trust law is one of the most complex bodies of law. The provisions to draft a valid trust vary from state to state. Errors made by non-professionals, even some attorneys, can be deadly and very expensive to correct IF they can be corrected.
You need to consult an attorney, with a good reputation, who can review your situation, understand your needs and explain your options. There are tax consequences that must be considered when making transfers to a trust. If the trust fails, the property will remain in the trustor's estate and the estate will need to be probated, trust property will not pass as desired and various taxes may be owed by the estate on the trust property. If you are contemplating such a complicated method of estate planning you need to consult a professional.
How can you see the Will of your deceased father- in - law?
If the estate has been filed for probate you can go to the probate court and read the will. Once a will is filed for probate it becomes a public record. You can even get a copy to keep for your records.
An heir is a person who is legally entitled to inherit the assets, property, or titles of a deceased person according to the laws of intestacy or through a will. The designated heirs can include family members, relatives, or individuals named in a deceased person's estate planning documents.
Can a person file a quick claim document in a state where the property is not located?
No, a person must file a quitclaim deed in the state where the property is located because real estate laws and recording requirements vary by state. The document must be filed with the appropriate county or municipal office to be legally binding.
What does under trust dated mean?
"Under trust dated" typically refers to a legal arrangement where assets or property are held and managed by a trustee for the benefit of a beneficiary. The trust document, often referred to as the trust deed or agreement, specifies the terms and conditions under which the assets are to be managed and distributed.
How to set up irrevocable trust for grandchild?
To set up an irrevocable trust for a grandchild, you typically need to work with an estate planning attorney who can help draft the trust document. You will need to fund the trust with assets, choose a trustee to manage the trust, specify the terms of the trust, and designate your grandchild as the beneficiary. Once the trust is established, the assets will be managed according to the terms you set forth for your grandchild's benefit.
Are there taxes on sale of an inherited property in Pennsylvania?
In Pennsylvania, there is no state inheritance tax on the sale of inherited property. However, capital gains tax may apply if the property is sold for a profit. It is recommended to consult with a tax professional for guidance specific to your situation.
Inheritance tax on rights of survivor property?
Property held as joint tenants with the right of survivorship is not a probate asset and therefore not subject to inheritance tax. To quote an article from the website in the link provided below:
"Another great advantage of holding property as joint tenants is that no taxes need to be paid on the property. There are two types of taxes that are avoided by joint tenancy. The first is the federal estate tax, which taxes an entire estate if the estate is large enough (as of 2009, at least $3.5 million, and as of 2011, at least $1 million). Some states also impose a death tax, which is similar to the federal estate tax. Additionally, joint tenants also avoid inheritance taxes, which are different than estate and death taxes. Inheritance taxes are taxed to the person who receives property from an estate, while estate taxes are taxed to the estate before any inheritances are given."
The time limit to press charges for the illegal access to a deceased person's safe deposit box varies by jurisdiction. It is best to consult with a lawyer or legal authority in the specific area where the crime occurred to understand the statute of limitations for such offenses.
Does a will need to have a witness?
In most jurisdictions, a will does require witnesses to validate its authenticity. The number of witnesses needed and the specific requirements can vary by location, so it is important to check the laws in the relevant jurisdiction to ensure the will is valid.
Name for person that inherit a will?
A person who inherits a will is commonly referred to as a beneficiary.
Can a person fight being disinherited in a will in Florida?
Under certain circumstances and depending on their relationship to the decedent a person may challenge a will in Florida. A testator cannot disinherit their spouse. The spouse can claim 30% of the estate under Florida law.
An adult child can be disinherited by simply leaving them out of the will. However, it is better to mention that you leave them nothing in the will in order to make it clear that you are disinheriting them. A child who is simply not mentioned in a will can try to challenge it on the grounds that you forgot to mention your child. If the challenge is successful, the child will be awarded a statutory share in the estate.
However, there are certain grounds for making a challenge:
How does a wife apply for her husband's estate when there is no will?
The wife must file a petition in the probate court to be appointed the Administrator of her husband's estate. Once appointed she will have the power and authority to settle his estate under the supervision of the court and according to the probate laws. His debts must be paid before any assets can be distributed to his heirs-at-law according to the state laws of intestacy. You can check the intestacy laws of your state at the related question link provided below.
She should consult with an attorney who specializes in probate law.
Can an executor sell property owned by a minor in Tennessee?
Generally, in cases where a minor inherits property the court appoints a guardian ad litem to protect and oversee the child's interests in the estate. In the case of a sale of property by the court-appointed executor the guardian ad litem must consent to the sale.
How is the length of a life estate measured?
Generally, the life estate is for the duration of the life tenant's natural life. Other arrangements can be made if specifically recited in the grant or reservation such as a life estate until the life tenant is transferred to a long term care facility. An attorney should be consulted who can review the situation and explain the consequences of a life estate under state laws and tax laws.